Red Eye 5.21

• Forex Red Eye EA is an intelligent automated Expert Advisor. It is working with many smart strategies and works without any complicated settings.
• Entry and exit logic operates on Bar Close only. This filters market noise, dramatically speeds up optimizations, avoids stop loss hunting, and ensures proper operation at any broker with a reasonable spread.
• This EA has a protection function in that the EA is not allowed to open positions above a spread to be set.
• Furthermore, you can set at what times the EA should only be active.
• In addition, you can set the EA to close all positions below a certain equity.
• 4 different types of Money Management (Fixed Lot, Percentage, Geometrical, Proportional)

INFORMATION

• Use on several accounts is possible
• Works with 4-5 digits brokers
• Money management (Maximum Spread, Minimum Equity) is adjustable
• 4 Types of Money Management
• Trading times are adjustable
• Best Timeframe: H1
• Symbols: USDJPY
• Minimum deposit: $500

Recommandations

• before using on real money, test the adviser with the minimum risk on the cent trading account
• Use VPS or the server with minimal network delays to the server of the broker;
• low spreads + low commission + quality execution – this is the main thing when choosing a broker for trading

• SHOW INFOPANEL ON CHART – Show Infopanel on Chart
• Custom Order Comment – CUSTOM ORDER COMMENT
• Base Magic Number – You can change Magic Number.
• MM: 1.PERCENTAGE 2.FIXED 3.GEOMETRICAL 4.PROPORTIONAL – Choose your Money Management
• Maximum Lots – Your Maximum Lot size value when using Entry percent.
• FIX Lots – If use MM Fixed Enter Lotsize here
• Geometrical Factor – Enter Geometrical Factor if use Money Management 3 (GEOMETRICAL)
• Proportional Risk– Enter Proportional Risk Factor in % if use Money Management 4 (PROPORTIONAL)
• Entry Percent – Your entry risk based on your equity value.
• Use Spread Protection – Select if you want to use maximum spread protection.
• Maximum Spread (points) – Maximum allowed spread to open a position.
• Use Minimum Equity – Select if you want to use Equity Protection.
• Minimum Equity – Stop opening new trades, close all trades and disable the EA when equity is below X amount.
• Sunday Open – start trading time on Sunday. Enter time in seconds when the EA starts opening positions on Sundays.
• Sunday Close – end trading time on Sunday. Enter time in seconds when the EA stops opening positions on Sundays.
• Monday-Thursday Open – start trading time on Monday-Thursday. Enter time in seconds when the EA starts opening positions on Monday-Thursday
• Monday-Thursday Close – end trading time on Monday-Thursday. Enter time in seconds when the EA stops opening positions between Monday-Thursday.
• Friday Open – start trading time on Friday. Enter time in seconds when the EA starts opening positions on Friday.
• Friday Close – end trading time on Friday. Enter time in seconds when the EA stops opening positions on Friday.
• Ignore Sunday – Select if the EA should trade on Sundays, true/false.
• Close at session Close – Close all positions after a session, true/false. Time you have setup before.
• Close at friday Close – the EA will close all positions at the end of Friday session.